European markets: Stoxx 600, FTSE, DAX, CAC, Iran latest news
LONDON — European stocks edged lower on Tuesday as investors await Washington’s response to Iranian peace proposals and…
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Billionaire investor Ray Dalio warned the U.S. economy has slipped into a stagflationary environment and said it would…
New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying…
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at…
The March jobs report will be released on Friday. Here’s what to expect
A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder |…
Jerome Powell says $39 trillion national debt is ‘not unsustainable,’ but it ‘will not end well’
Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Monday, telling a Harvard…
Powell exudes confidence about the economy. The Fed can wait to cut rates.
As Powell explained at a press conference Wednesday, which followed the Jan. 27-28 Federal Open Market Committee meeting,…
London rises as traders digest mixed US earnings and Fed rate hold
The FTSE 100 (^FTSE) rose on Thursday while European stocks were mixed after a lacklustre Wall Street session…
HKMA warns of uncertainties as Hong Kong mirrors Fed decision to hold interest rate steady
Hong Kong’s de facto central bank has warned the public to beware of interest rate uncertainties this year…
In the age of Trump, are ‘safe-haven’ US assets not so safe any more?
For decades, the US dollar has served as the currency of global reserve, the de facto anchor for…